Serum Institute of India Business Development Manager Salaries by 5 Employees

9 - 18 years exp.

₹3.3 Lakhs - ₹30.5 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

105% more than the average Business Development Manager Salary in Biotechnology Companies for 9 - 18 years of experience

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Salaries in different departments

Sales & Business Development Business Development Manager Salary 17 - 18 years exp. (3 salaries)	₹10.5 L/yr - ₹44.5 L/yr
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Marketing & Communication Business Development Manager Salary 13 years exp. (AmbitionBox Estimate)	₹4.9 L/yr - ₹5.9 L/yr

Last Updated: 26 Jun 2024

Companies similar to Serum Institute of India for Business Development Manager

Company name	Avg Annual Salary	Open Jobs
LifeCell International Business Development Manager Salary 2 - 8 years exp. (56 salaries)	₹2.6 L/yr - ₹6.8 L/yr 66% less
Biocon Limited Business Development Manager Salary 6 - 15 years exp. (24 salaries)	₹4.7 L/yr - ₹13.7 L/yr 38% less
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Biocon Biologics Business Development Manager Salary 6 - 14 years exp. (19 salaries)	₹4 L/yr - ₹12 L/yr 43% less
Thermo Fisher Scientific Business Development Manager Salary 5 - 20 years exp. (18 salaries)	₹15 L/yr - ₹30 L/yr 47% more
Praj Industries Business Development Manager Salary 9 - 16 years exp. (13 salaries)	₹10.8 L/yr - ₹22.5 L/yr 18% more
Panacea Biotec Business Development Manager Salary 4 - 10 years exp. (5 salaries)	₹2.3 L/yr - ₹5 L/yr 75% less
Biotique Business Development Manager Salary 8 - 10 years exp. (4 salaries)	₹11 L/yr - ₹11.2 L/yr 29% less
Alltech Biotechnology Business Development Manager Salary 3 - 7 years exp. (4 salaries)	₹6.5 L/yr - ₹9.6 L/yr 48% less
Bharat Biotech International Business Development Manager Salary 2 - 12 years exp. (4 salaries)	₹2.5 L/yr - ₹8.2 L/yr 65% less
Eurofins Scientific Business Development Manager Salary 7 - 14 years exp. (4 salaries)	₹13 L/yr - ₹17 L/yr 6% less	2 job openings

Business Development Manager salary at Serum Institute of India ranges between ₹3.3 Lakhs to ₹30.5 Lakhs per year for employees with experience between 9 years to 18 years. Salary estimates are based on 5 latest salaries received from various employees of Serum Institute of India.

Experience wise Serum Institute of India Business Development Manager salaries

Last Updated: 26 Jun 2024

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
10 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
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11 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.7 L/yr
12 years (AmbitionBox Estimate)	₹9.1 L/yr - ₹11.7 L/yr
13 years (AmbitionBox Estimate)	₹12.2 L/yr - ₹15.6 L/yr
14 years (AmbitionBox Estimate)	₹15.2 L/yr - ₹19.5 L/yr
15+ years (3 salaries)	₹10.5 L/yr - ₹44.5 L/yr

View all

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Salary related reviews for Serum Institute of India

Relationship Manager in Pune

Full Time

Other Department

5.0

• posted on 10 Mar 2025

5.0

for Salary and Benefits

Likes

Meaningful Work, Learning & Growth, Stability & Reputation, Exposure to Global Markets, Work Environment & Benefits

Salary - Excellent

+6 more

Dislikes

High Work Pressure, Work-Life Balance, Limited Career Growth in Some Departments, Hierarchical Structure, Compensation & Perks

Area Business Manager in Pune

Full Time

Marketing & Communication Department

4.0

• posted on 14 Feb 2023

3.0

for Salary and Benefits

Likes

Serum Institute as we all know that it's a very good company, it provide salary without delay and give the employe a very good experience to grow in life ..

Job security - Good

+1 more

Dislikes

IN serum Institute the thing which I don't like is the nature of employe there are not loyal and there is no unity as we know that working in a team the thing which is required the most is unit between people....

Assistant Officer in Pune

Full Time

Research & Development Department

3.0

• posted on 06 Jan 2023

4.0

for Salary and Benefits

Likes

...ase to work on higher designation. Some department Very less or no work load Salary growth is on time. Food and Hospitality is good. Big Campus and brand name for Resume

Salary - Good

+3 more

Dislikes

Politics HR value

Company culture - Poor

Assistant Officer in Pune

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 23 Apr 2022

4.0

for Salary and Benefits

Likes

...ironment and culture.Teammates are supportive and the management is transparent. Company policies are good, appraisal are fair and they give good salary hike and bonus every year.

Salary - Good

+6 more

Dislikes

There is a lot of politics and the management doesn't address our issues. Salary is decent but career growth is slow.

Assistant Production Officer in Pune

Full Time

Production, Manufacturing & Engineering Department

4.0

• posted on 22 Apr 2021

4.0

for Salary and Benefits

Likes

Good work environment and culture.Their is a great opportunities for great work. Comp policies are good,appraisals are fair and they give good salary hike and bonus every year.

Salary - Good

+5 more

Dislikes

There is salary is decent but career growth is slow.

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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Serum Institute of India Business Development Manager Salary FAQs

What is the salary of Business Development Manager at Serum Institute of India ?

The average salary of a Business Development Manager at Serum Institute of India in India typically ranges from ₹3.3 Lakhs to ₹30.5 Lakhs per year, depending on experience (from 9 years to 18 years).

The top 10% of Business Development Manager at Serum Institute of India earn more than ₹44.5 Lakhs per year, and the top 1% earn over ₹44.5 Lakhs per year. Business Development Manager Salaries at Serum Institute of India can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 5 Serum Institute of India employees in India.

What is the estimated take home salary of a Business Development Manager at Serum Institute of India in India?

The estimated take-home salary of a Business Development Manager at Serum Institute of India in India typically ranges from ₹1,06,792 to ₹1,09,733 per month. This is based on the average salary range of ₹3.3 Lakhs to ₹30.5 Lakhs per year for employees with experience ranging from 9 years to 18 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 5 salaries received from various employees of Serum Institute of India. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Serum Institute of India for Business Development Manager in India?

Thermo Fisher Scientific	₹15.0 Lakhs to ₹30.0 Lakhs per year
Praj Industries	₹10.8 Lakhs to ₹22.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Serum Institute of India, depending on the role and experience level.

What is the salary of a Business Development Manager in companies similar to Serum Institute of India in India?

The salary of a Business Development Manager at companies similar to Serum Institute of India in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Eurofins Scientific	₹13.0 Lakhs to ₹17.0 Lakhs per year
Biotique	₹11.0 Lakhs to ₹11.2 Lakhs per year
Biocon Limited	₹4.7 Lakhs to ₹13.7 Lakhs per year
Biocon Biologics	₹4.0 Lakhs to ₹12.0 Lakhs per year
Alltech Biotechnology	₹6.5 Lakhs to ₹9.6 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Business Development Manager at Serum Institute of India in India?

The salary growth for a Business Development Manager at Serum Institute of India depends on factors such as experience, performance, and promotions. On average, a Business Development Manager can expect the following growth trajectory at Serum Institute of India:

Experience	Average Salary Range
9 years	₹2.9 Lakhs to ₹3.7 Lakhs per year
10 years	₹3.0 Lakhs to ₹3.8 Lakhs per year
11 years	₹6.1 Lakhs to ₹7.7 Lakhs per year
12 years	₹9.1 Lakhs to ₹11.7 Lakhs per year

and so on.

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Serum Institute of India Business Development Manager Salaries

Serum Institute of India Business Development Manager salary in India ranges between ₹3.3 Lakhs to ₹30.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Serum Institute of India latest salaries received from various employees of Serum Institute of India.

Serum Institute of India Business Development Manager salaries in India

Companies similar to Serum Institute of India for Business Development Manager

Latest annual salaries shared by Serum Institute of India Business Development Manager

Experience wise Serum Institute of India Business Development Manager salaries

Similar Designation salaries in Serum Institute of India

Salary related reviews for Serum Institute of India

Relationship Manager in Pune

Area Business Manager in Pune

Assistant Officer in Pune

Assistant Officer in Pune

Assistant Production Officer in Pune

Serum Institute of India Business Development Manager Salary FAQs

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Serum Institute of India Business Development Manager Salaries by Location